89b Main Road

    89B, MAIN ROAD, ROMFORD, RM2 5EL

    This flat/maisonette leasehold property on Main Road last sold in March 2014 for £180,000. Based on price growth in the RM2 district since then, its estimated current value is £266,567 — placing it in the 41st percentile nationally and the 10th percentile within RM2. The property covers 79 m² (850 sq ft), giving an estimated value of £3,374 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £180,000

    Mar 2014

    Estimated Valuation

    £266,567

    Est. £/sq ft

    £313/sq ft

    £3,374/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area850 sq ft (79 m²)
    EPC dateJul 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Mar 2014

    £180,000

    20 Nov 2012

    £156,000

    5 Aug 2011

    £100,000

    6 Aug 2001

    £70,000

    Key Metrics

    Estimated valuation£266,567
    Value per sq ft / m²£313/sq ft (£3,374/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM2 district percentile10th percentile
    National percentile41st percentile

    District Context — RM2

    RM2 covers parts of east London, including areas around Hornchurch and Upminster in the London Borough of Havering. The district is characterised by suburban residential neighbourhoods with good transport links and a family-oriented appeal.

    Average Property Price - RM2

    £554,481

    86

    National percentile

    Average Net Household Income - RM2

    £52,919

    93

    National percentile

    10-Year Annualised Price Growth - RM2

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM2

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